If anything, that makes it more dangerous. Besides a sense of 'false' security, chutes do take a certain amount of height to catch air and become safe. IIRC it's about 100m and turbulence will affect that in strange ways.

In the end, I still fear tech like this will not be as stringent as needed.

Which doesn't help at all when you hit wake on final. Chutes take a surprisingly long time to grab the air and slow you down.